Updater

Updater

Makes moving easier for the 45 million Americans on the move every year. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€164—245m (Dealroom.co estimates Sep 2017.)
New York City New York (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD201820192020202120222023
Revenues27.8m28.2m28.2m34.2m50.0m50.0m
% growth-1 %-21 %46 %-
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DateInvestorsAmountRound
-

N/A

-
N/A

$800k

Seed
N/A

$700k

Seed
N/A

N/A

Seed

$3.0m

Series A

$8.0m

Series A
N/A

$20.0m

Series B

$23.0m

Late VC

$45.0m

Late VC
*

N/A

Late VC
*

$60.0m

Convertible
*

$215m

Debt
Total Funding€146m

Recent News about Updater

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More about Updater
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Updater.com is a tech startup that provides a comprehensive solution for individuals and families planning a move. The company operates in the moving industry, offering a unique platform that simplifies the moving process. The Updater app allows users to book internet and TV services, order packing supplies, and secure home or renters insurance. It also provides a platform for comparing and choosing from a variety of service providers.

The company's primary clients are individuals and families planning a move, but it also offers services to real estate professionals and multifamily partners. For these clients, Updater automates the move-in process, reducing their workload and providing a seamless experience for their residents or clients.

Updater's business model is based on partnerships with service providers. The company earns revenue by facilitating transactions between these providers and its users. For example, when a user books an internet service or purchases moving supplies through the app, Updater earns a commission.

The company's strength lies in its blend of human assistance and intuitive technology. Users can access personalized assistance from experienced team members, while also benefiting from the convenience of an all-in-one platform.

In summary, Updater.com is a tech startup that simplifies the moving process by providing a one-stop platform for booking services, purchasing supplies, and securing insurance. The company operates in the moving industry, serving individuals, families, and real estate professionals.

Keywords: Moving Services, Tech Startup, Real Estate, Multifamily Partners, Service Providers, Commission-Based Revenue, Personalized Assistance, Intuitive Technology, Home Services, Insurance.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Updater

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Dolly
ACQUISITION by Updater Jul 2021
MoveHQ
ACQUISITION by Updater Sep 2017